Dealerships are seeing sales and prices drop as consumers tighten their belts, putting financial pressure on companies like Carvana that grew fast in recent years.
Tag: Used Cars
-
How the Car Market Is Shedding Light on a Key Inflation Question
How easily companies give up swollen profits could determine how easily the Federal Reserve can cool inflation. Dealerships offer clues.
-
Inflation Cooled in July, Welcome News for White House and Fed
Prices have increased rapidly since last year, but barely budged in July — a positive development, though not yet enough for a victory lap.
-
Electric Cars Are Too Costly for Many, Even With Aid in Climate Bill
Battery-powered vehicles are considered essential to the fight against climate change, but most models are aimed at the affluent.